The company should actually function on a legitimate level.

Although being part of the same package, the companies functioned as two different entities.

"It's insane to think that a company embedded in a fierce global competition can function as a social insurance system," he said.

The company currently functions under the aegis of a government monopoly.

From 1999 the company has been functioning as a joint stock company.

He explained to them how the company would function, in which they would be holding thirty percent of the shares.

But you know very well that these few companies I have set up can function perfectly well without me.

No government department, or company for that matter, can function properly without it.

Within just a few years five companies functioned and employed about a thousand craftsmen.

"We intend to make the new companies function like private enterprise."